FICO Score Power

FICO Score Power

Just wondering how long after discharge I should wait to pull my additional score power report. I received the initial score power report on 8/2012 but I have an additional one and don't want to pull it too soon but I am curious about changes since I have made really good improvements already Any advice?

Re: FICO Score Power

softballgirl29 wrote:

Just wondering how long after discharge I should wait to pull my additional score power report. I received the initial score power report on 8/2012 but I have an additional one and don't want to pull it too soon but I am curious about changes since I have made really good improvements already Any advice?

please read this thoroughly - I have a feeling it's going to answer many other questions you'll have along the way as well......

Re: FICO Score Power

softballgirl29 wrote:

Just wondering how long after discharge I should wait to pull my additional score power report. I received the initial score power report on 8/2012 but I have an additional one and don't want to pull it too soon but I am curious about changes since I have made really good improvements already Any advice?

You mentioned "additional score power report" so I take it you are subscribed to ScoreWatch, right? SW will throw out credit alerts like added accounts, increased balances, stati changes, etc. With each alert SW will automatically provide you with a new EQ FICO score. Unfortunately it won't alert you to dropped accounts or dropped balances. If you get any FICO changes, you'll know what's happening with that. If you are expecting items to drop, then you would need to pull from FICO or another source that offers EQ to see which ones fell off. Depends which changes you are looking for.

Re: FICO Score Power

I'd say wait. Pulling another SW just to see account changes is not worth it IMHO. sign up for a reg credit watch product, free trial for that. Maybe EQ advanatage. I'd use your SW pull for preparing to apply for credit rather than to see improvement.

If you fix the report and go through the motions, the score will come along. My focus has always been fixing the credit report and not the score. Save your pull for something good IMO.

Re: FICO Score Power

Thanks everyone for your advice! I was wondering what the difference was between score watch and the extra score power. I am currently signed up with score watch which alerts me when my score changes anyway so I thought maybe the score power did something different. Your explanations have helped greatly. Thanks again!!

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation.
Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies.
Many factors affect your FICO Scores and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating.
FTC's website on credit.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.